The "Swing Point Oscillator with Trend Filter" is a sophisticated trading oscillator designed to enhance trading decisions by adapting to market conditions. Oscillators typically signal overbought/oversold market states, often yielding false signals in strong trends. This trend indicator addresses this by implementing a 'Trend Filter' which changes color in strong...
▋ INTRODUCTION : The “All Candlestick Patterns on Backtest” indicator generates a table that offers a clear visualization of the historical return percentages for each candlestick pattern strategy over a specified time period. This table serves as an organized resource, serving as a launching point for in-depth research into candle formations. It may help to...
This is Part 1 of 2 from the 42MACRO Recreation Series The CE - 42MACRO Equity Factor Table is a whole toolbox packaged in a single indicator. It aims to provide a probabilistic insight into the market realized GRID Macro Regime, use a multiplex of important Assets and Indices to form a high probability Implied Correlation expectation and allows to derive extra...
The Advanced Weighted Residual Arbitrage Analyzer is a sophisticated tool designed for traders aiming to exploit price deviations between various asset pairs. By examining the differences in normalized price relations and their weighted residuals, this indicator provides insights into potential arbitrage opportunities in the market. Key Features: Multiple...
This script provides you with several indicators that will enable you to mimic MarketSmith charts, even with a free TradingView plan. You can use this script with my ' EPS & Sales ' indicator. MarketSmith-style bars The script offers an original approach to managing candlesticks within the code, making them almost identical to those on MarketSmith. For a...
The indicator calculates a time-decayed moving sum of volume data for both bullish (green) and bearish (red) candles. It then generates a volume share oscillator as a smoothed and weighted (time-decayed) moving sum of bullish volume (positive share) or bearish volume (negative share) relative to the total volume. The volume share is displayed as an area chart...
The Support and Resistance Oscillator is an experimental script I created to identify when the current price breaks a support or resistance line and reflect this value in an oscillator formula. This indicator uses a threshold to decide the dividing line between buying and selling points. Feel free to change the threshold or smoothing settings to see if you find...
Quantigenics MACD 3D with Buy Sell Signals is a MACD-based trading indicator that aims to identify market trends and potential turning points, for Buy/Sell opportunities, by leveraging price data and volatility. Unlike the traditional MACD indicator, the average price is calculated from the high, low, and close prices, from which a specialized MACD value is...
Double Supertrend HTF Filter: A Comprehensive Market Direction Tool The Double Supertrend HTF Filter is an innovative tool designed for traders who seek a more holistic view of market trends. At its core, the indicator combines two Supertrends from different higher timeframes, providing a layered perspective on the market's direction. Instead of juggling between...
The Machine Learning Regression Trend tool uses random sample consensus (RANSAC) to fit and extrapolate a linear model by discarding potential outliers, resulting in a more robust fit. 🔶 USAGE The proposed tool can be used like a regular linear regression, providing support/resistance as well as forecasting an estimated underlying trend. Using RANSAC...
Geometric Moving Average (SMA): What it is: GMA represents a weighted average of prices over a period of time, giving more weight to new data. How to use: Like other types of moving averages, the EMA can help identify trends. When the closing price is above GMA, it may indicate an uptrend, and when it is lower, it may indicate a downtrend.
Are you a trader who values clean charts and precise indicators? Are you an avid follower of ICT Concepts? If so, the Midnight Marker is tailored for you. This ultra-simple, highly effective TradingView script draws a nearly transparent blue line at midnight on your chart, keeping your interface as clean as possible while delivering essential information. Why...
Introduction: The LineBreak Indicator is a technical tool designed to assist traders in identifying potential trend reversals or continuations using a unique charting method known as Line Break charts. This indicator overlays Line Break chart patterns on the main price chart and generates Buy and Sell signals based on specific price movements. In this guide, we...
📈 Purpose: This script provides traders with a clear visualization of the percentage variation from the opening price for two major futures contracts: ES1! (S&P 500 futures) and NQ1! (Nasdaq 100 futures). 🔑 Key Features: Real-Time Price Retrieval: Fetches the latest opening prices for ES1! and NQ1! contracts. Percentage Variation Computation: Determines the...
Multi Time Frame Composite Bands utilizes Fibonacci numbers (5, 8, 13, 21, 34) as period lengths for calculations. The indicator calculates a composite high line (C_high) by averaging the highest prices over Fibonacci periods, incorporating moving averages (SMA) of high prices for added refinement and smoothing. Similarly, a composite low line (C_low) is...
INTRODUCTION The Expansion/Contraction Indicator (ECI) is a custom indicator designed to measure the expansion or contraction of price ranges between the open and close of each bar. It helps traders identify periods of increased or decreased volatility in the market. Since trading is most fruitful during volatile market conditions, this indicator provides...
Our Adaptive Trend Indicator is an advanced trading indicator using price and time series analysis to adapt to market trends. It calculates a weighted average of the median price and twice-smoothed average price, then applies a linear regression over twice the user-defined period, generating a trend line. This trend line represents the prevailing market direction...
Overview This indicator offers real-time updates for daily high and low prices, addressing the issue of expanding plots in traditional daily high-low indicators. It plots daily high, low, 1/2, and 1/4 price levels as horizontal lines. It adds a vertical line at the center of the daily candle. You can customize the indicator's background color for bullish...